| JSWHL Stock | | | 16,636 14.65 0.09% |
JSW Holdings financial indicator trend analysis is infinitely more than just investigating JSW Holdings Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JSW Holdings Limited is a good investment. Please check the relationship between JSW Holdings Accounts Payable and its Total Current Assets accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JSW Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Accounts Payable vs Total Current Assets
Accounts Payable vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JSW Holdings Limited Accounts Payable account and
Total Current Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between JSW Holdings' Accounts Payable and Total Current Assets is 0.08. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of JSW Holdings Limited, assuming nothing else is changed. The correlation between historical values of JSW Holdings' Accounts Payable and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of JSW Holdings Limited are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Accounts Payable i.e., JSW Holdings' Accounts Payable and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.08 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents JSW Holdings obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of JSW Holdings Limited are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from JSW Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JSW Holdings Limited current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JSW Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
As of the 24th of November 2024,
Selling General Administrative is likely to grow to about 14.2
M, while
Tax Provision is likely to drop about 332
M.
JSW Holdings fundamental ratios Correlations
Click cells to compare fundamentals
JSW Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JSW Holdings fundamental ratios Accounts
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Other Information on Investing in JSW Stock
Balance Sheet is a snapshot of the
financial position of JSW Holdings Limited at a specified time, usually calculated after every quarter, six months, or one year. JSW Holdings Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of JSW Holdings and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which JSW currently owns. An asset can also be divided into two categories, current and non-current.